Sub:Registration of FIIs
and their Sub-Accounts under the Central Database of Market Participants (MAPIN
database) - Clarifications

1.SEBI,
vide notification dated September 28,
2004, has notified FIIs and their sub-accounts as
‘specified investors’ who are required to obtain a Unique Identification Number
(UIN) under the SEBI (Central Database of Market Participants) Regulations,
2003 by March 31, 2005.Pursuant to the
said notification, SEBI vide circular No.MAPIN/Cir-37/2004 dated October 27,
2004, specified the
procedure to be followed by the ‘specified investors’ for obtaining the UIN.

2.However,
subsequently the custodians on behalf of the FIIs and
their sub-accounts have submitted several
representations to SEBI regarding the difficulties faced by them in
complying with the requirements of the registration procedure. Pursuant to the
above, a series of meetings was also held with the
custodians during which certain
amendments/modifications to the Application Forms were suggested in order to
ease out the problems faced by the FIIs and their
sub-accounts during the registration procedure.

3.In view of the
representations received and in order to remove the difficulties and hardships
faced by the FIIs and their sub-accounts during the
procedure for registration under the MAPIN database, certain modifications have
been made to Form B of the application form. A copy of the revised Application
Form - B to be used by FIIs and their sub-accounts to
apply for a UIN is enclosed as Annexure A.

4.In addition to
the above, it is clarified that:

4.1.InPart A of
Form B,

4.1.1.Under the column
‘Previous Names (if any)’,the FII/sub account shall indicate any
change of name subsequent to its registration with SEBI.

4.1.3.The ‘Address for communication’ of the FII /
Sub-account shall be the address mentioned by the FII/Sub-Account at the time
of obtaining registration from SEBI.

4.1.4.The list of
documents currently accepted as ‘Proof of
Address’,has been expanded to
include the following documents:

a)A copy of the application form submitted to SEBI for
registration as a FII / sub-account.

b)A copy of the letter sent by SEBI conveying approval
of registration as a FII / sub-account to the concerned entity. The letter must
bear the SEBI registration number and the mailing address of the FII /
sub-account as well as the mailing address of the custodian.

c)However, in
cases where the domestic custodian has been changed and the new custodian does
not have access to any of the documents mentioned at (a) and/or (b) above, a
copy of the letter sent by SEBItaking
note of the change in custodian to the concerned FII / sub-account. The letter
must bear the SEBI registration number and the mailing address of the FII /
sub-account as well as the mailing address of the custodian.

4.2.In Part B of Form B, the column titled ‘Net-worth’ need not be filled in by the
FII/Sub account.

4.3.In Part C of Form B,

4.3.1.The column for ‘Relationship’ will be filled in by the FIIs and their Sub-accounts in accordance with Note No. 5.

4.3.2.Where the
application form is submitted by an authorized representative of the FII /
sub-account, a duly notarized copy of the Power of Attorney must accompany the
form.

4.4.Entities not registered with SEBI but investing
through the GDR / FDI route are presently not notified as ‘specified investors’
under the captioned regulations.

4.5.The custodians may make the payment towards the registration
fees through a consolidated demand draft.

5.This clarificatory circular is being issued in exercise of
powers conferred under Section 11 (1) of the Securities and Exchange Board of
India Act, 1992, read with Regulation 16A of the SEBI (Central Database of
Market Participants) Regulations, 2003 to protect the interest of investors in
securities and to promote the development of, and to regulate the securities
market.

[Note: All persons mentioned in regulation
12(2) shall fill up Part A & Part C. If
applicant is specified intermediary or registered with SEBI, it shall fill up
Part A, B & C of this form]

(For use by POS only)

Registration
Fee – Rs. --- (Demand drafts in favour
of ‘_____’ Only)

TIN ID:

Drawn on Bank

Data Uploaded
on: __/ __/ ____

DD No.

Payable at

PART A

FIRST APPLICATION

AMENDMENT

Unique ID No.

(Please provide
in case of amendment only)

Organisation Name

(Name written here will
appear on the identity card)

Short Name

Previous Names (if any)

Effective Date

1)

2)

3)

4)

5)

d

d

m

m

y

y

y

y

Form / TypeofOrganisation
as on the date of this application (Please tick only one)

Public
Limited Company

Private
Limited Company

Company
Limited by Guarantee

Scheduled
Commercial Bank

Urban Bank

Co-operative
Bank

Registered
Trust

Unregistered
Trust

Proprietorship
Firm

Registered
Partnership Firm

Unregistered
Partnership Firm

NBFC

Registered
Society

Unregistered
Society

Foreign
Institutional Investor

Others

Foreign
Venture Capital Investors

Sub-accounts

Registration No.

Registration/ Formation Date

d

d

m

m

y

y

y

y

State of Registration

HeadOfficeCity

Note:

(i)Copy of the registration document/partnership deed/trust deed may be
submitted.

(ii)Original documents will be verified by Registration Officer at the time
of submitting application form.

Sr.

Stock Exchange on which the company is
listed (if applicable)

1

2

3

Address for Communication: (Mailing
address to be used by SEBI)

House No./Apt Name/Block No:

Road/Street/Lane:

Area:

City/Post/Taluka:

Pin

Telephone:

STD Code

Telephone Number

Proof of Address(Please Tick)

Copy
of Income Tax Return

Bank
Statement

Leave
& License Agreement

Sale
Agreement

Copy
of SEBI approval letter / Copy of SEBI letter conveying change
in custodian to FII/ Copy of original application form submitted to SEBI (any
one)

ROC
Registration Certificate

Please provide details of document submitted

Document No.

Place of Issue

Document Date

d

d

m

m

y

y

y

y

Declaration

On
behalf of ______________________________________________________, we hereby
confirm the following:

We
have not applied for unique identification number under this application
earlier and we are applying for the first time.

OR

We
have applied for registration earlier and unique identification number has
been allotted to us. This

application is for intimation of changes in the
information given earlier.

We
declare that this application is made in the capacity of the applicant as a
Body Corporate / Intermediary / Other entity.We certify that the information given in this form is true and correct.

Authorised Signatory (Copy of Power of attorney to
be provided)

Name

Designation

Signature

Place:

Date:

Acknowledgement

Part – A

FIRST APPLICATION

AMENDMENT

Unique identification number

(Please provide
in case of amendment only)

(For use by POS only)

TIN :

We
acknowledge the receipt of application form together with fee.Please collect the identity card on date
mentioned below.

d

d

m

m

y

Y

y

y

Date: POS
Seal and SignaturePART B

DETAILS TO BE PROVIDED IF
THE APPLICANT IS REGISTERED WITH SEBI

Networth (Rs. in lakh rounded off to the nearest lakh)

As on year ended __/ __/ ____

Intermediary / Investor Type #

SEBI Registration No.

SEBI Registration Date

d

d

m

m

y

y

y

y

# Please write from the list below. In case
space is not sufficient, please attach additional sheets containing the details
in the above stated format. Additional sheet may be printed on letterhead of
the organisation and duly signed. In case of multiple
SEBI registrations, please mention each separately.

Sr

Type of Intermediary/ Investor

Sr

Type of Intermediary / Investor

1

Banker to Issue

12

Portfolio Manager

2

Clearing Corporation

13

Registrar & Transfer
Agent Category - I

3

Collective Investment
Scheme

14

Registrar & Transfer
Agent Category - II

4

Credit Rating Agency

15

SLS Approved Intermediary

5

Custodian

16

Stock Broker *

6

Debenture Trustee

17

Stock Exchange

7

Depository

18

Sub Broker **

8

Depository Participant

19

Underwriter

9

Investor Association (SEBI Recognised)

20

Venture Capital Fund

10

Merchant Banker Category –
I

21

Foreign Institutional Investor

11

Mutual Fund

22

Sub-account

23 Foreign Venture Capital Investor

* In case of Stock Brokers, please mention in the following format

** In case of Sub- Brokers, please mention in the following format

‘Stock Broker – XYZ Stock
Exchange’

‘Sub Broker – XYZ Stock
Exchange’

Declaration

On
behalf of ______________________________________________________, we hereby
declare and state that the information given in this form is true and correct.

Authorised Signatory (Copy of power of Attorney to
be provided)

Name

Designation

Signature

(for use by POS
only)

It
is hereby confirmed that the above information is verified with the original
documents submitted and found to be in accordance with such documents.

Signature of Registration Officer:

Seal:

PART C

Form for Establishing Association / Dissociation

[Note: (1) This form is to notify
association/ dissociation between intermediary/listed company/ specified
investor with related persons and such other persons as is required under these
regulations. This form has to be submitted after the unique identification
number has been allotted to Company/ Intermediary/specified investor. (2)
Please submit separate forms for association and dissociation]